- The Ultimate Tragedy, We Have To Borrow,
At Interest, From
Our Private Central Bank To Pay For Natural Disasters -

"Money is the most important subject intellectual persons can
investigate and reflect upon. It is so important that our present
civilization may collapse unless it is widely understood and its
defects remedies very soon"We are completely dependent on the
commercial banks. Someone has to borrow every dollar we have in
circulation, cash, or credit."
Robert
H. Hemphill, Federal Reserve Bank of Atlanta
Aside from the loss of life, the most despicable thing about
the trauma of recurring natural disasters is that we are forced to
borrow from a private central bank, at interest, to pay for all the
largely uninsured reconstruction costs. On its face, profiting from
Mother
Nature's wrath in the midst of the wipe out of entire cities and
families is surely the mother of all unjust enrichments and bankrupting
strategies.
Our private banking cabal known as the "Federal Reserve"
should never reap the whirlwind and enrich themselves from
on-going natural disaster and war reconstruction funding, period. For
the
country and future generations to have to borrow, at interest, for
rebuilding due to acts of nature surely defines piracy, plunder and
immoral profiteering. Today, we have laws against merchants charging
exorbitant prices for their goods after a disaster but no laws
regarding the charging of interest on reconstruction financing.
What's the bigger crime?
Apparently, Force Majeure does not yet apply to the Federal
Reserve -- i.e., in this case, by suspending the normal
debt-money-creation game, and allowing for direct treasury funding of
such needs. We lost our ability to create necessary, no-interest,
direct-from-the-treasury funding due to yet another bygone corrupt
administration and Congress in 1913 - in an act clearly at odds with
the intent of the founders of this country.
Congress? Its way past time to show us their spine in this
matter.
We do not have to be against interest-rent for money and
capital per se to understand that profiting from Mother Nature's wrath
in the midst of the wipe out of entire cities and families is not
simply wrong but evil. In an era of global warming, and potentially
devastating natural disasters year after year, this piratical banking
setup must be changed. If not, as disaster expenses mount year after
year, we will be bankrupted by our own central bank -- a process already
underway via a "deficits don't matter" attitude and the deliberate
currency-value destruction in process due to idiotic and ruinous "free
trade" treaties.

"The people of the nation do not understand our banking
and monetary system for, if they did, I believe there would be a revolution tomorrow morning."
Henry Ford Sr.

In addition to interest-bearing deficit financing, the private
central bank setup we now labor under means the big-bank Fed owners and
their related bond dealers profit from natural disasters via any and
all costs and borrowing requirements not covered by private insurance.
However, even private insurers may be bailed out with more government
debt money when unable to meet disaster costs. Further, the "legal
tender" and "full, faith, and credit" policies mean the people remain
the lender of last resort and so must pick up the interest-bearing tab
of the private central bankers even as our pensions fail and natural
disasters strike. As a result of our lack of monetary freedom and
money-creation powers we are thus driven into endless,
interest-bearing,
indebtedness and eventual bankruptcy by Mother Nature and the Fed
acting in tandem.

"Compound interest has been described as one of the wonders
of the world" But compound interest works in the other direction, too.
When you owe money and don't keep up with the interest payments, the
unpaid interest keeps getting added to the principle. And now it's the
amount you own that grows" In no time at all, you're bankrupt."
Eric Fry, The Rude Awakening

In short, if not all government funding, all disaster-related
funding should certainly be non-interest-bearing and Treasury direct as
government and private insurance programs may easily blow thru their
reserves and require new debt-money funds. With the growing potential
of mega-disasters occurring year after year insurance funds do not have
the time to build up necessary reserves to pay claims. Its either
bankruptcy and failure to pay claims, or to make up the shortfalls,
more interest-bearing debt is borrow-created and the costs plus
interest increase year after year.
Given a perilous future of climate-change related events the
existing regime is nothing less than a bankruptcy machine and an engine
of predation upon the people.
Given a corporate media many people still remain unaware of
the private central bank scam -- an "independent" (independent of whom?)
setup that has stolen the very purse powers bequeathed by our founding
fathers. This scheme is leading to the bankruptcy of the United States
and decline of the dollar due to interest costs alone. As for the
so-called probity of private central banks, even their friends
understand the problem:

"Central banks were supposedly the guardians of money. Yet,
they have created the biggest liquidity bubble in history,"
The Economist

In view of our already precarious financial future, and the
immorality of private central bankers profiting from nature's hits, now
is the time to put an end to this corrupt setup - i.e., of the private
ownership of our central bank. It is time to reclaim the power to
issue our own money and treasury securities -- if for nothing else than
natural disasters reconstruction funding, not to mention war and other
infrastructure needs. Interest-bearing or not, the money goes into the
economy and finances the same reconstruction processes. The only
difference is it does not carry interest due to private central bankers
and their bond-dealing shops.
Despite this ongoing, ever-so-costly, banking cartel calamity
have you ever heard any discussion or debate about a public central
bank? You're not alone, the entire topic is cleansed from our minds,
never broached in the educational system, the corporate media, or by
"our" representatives - albeit with a few brave exceptions easily
rendered invisible in the ruling elite's media empire.
Will we ever see or hear any discussion of this in
establishment media? Will we see our representatives demand new
approaches or a partial, or complete, re-nationalization of the Fed as
so deemed by our Constitution? Will we ever elect our representative
to the Federal Reserve, or see the stock of our central bank
distributed to the fifty states?
In any case, we should realize the entire "globalization" and
forced "free trade" regime is, at root, about big banks acquiring
control of virtually every economy. It is about calling any nation a
"rogue" that does not allow foreign banks (meaning New York, money
center, banks who own the stock of the Fed and other central banks) to
gain global hegemony. It is about fascist control and not democratic
economy.
As for the USA and attempts to counter this thievery,
President's Lincoln and Kennedy once proposed direct, democratic,
non-interest bearing, silver-backed, securities & money creation
powers to pay for budget and extraordinary items. They were both
assassinated, and many credible historians claim the very forces who
have sought to keep control of the money game thru the centuries were
responsible.
JFK, for example, signed executive order 1130 on June 4,
1963. While Kennedy's intent remains unclear, apparently this was an
attempt to strip the Federal Reserve Bank of its power to loan money to
the government, at interest. Executive Order 11110 reportedly returned
to the government the power to issue currency, without going through
the Federal Reserve, and bearing interest. Kennedy's order gave the
Treasury the power "to issue silver certificates against any silver
bullion, silver, or standard silver dollars in the Treasury." This
meant that for every ounce of silver in the U.S. Treasury's vault, the
government could introduce new money into circulation.
In short, JFK was on his way to putting the Federal Reserve
Bank of New York out of business due to the fact that, if enough of
these silver certificates came into circulation, they would eliminate
the demand for Federal Reserve notes. These silver certificates were
to be backed by silver. The Federal Reserve notes, on the other hand,
are not backed by anything and are created "out of thin air" by
Fed-owning banks.
In retrospect, an Executive Order along the lines of #1110
could have prevented the national debt from reaching its current,
generations-screwing, level because it would have given the government
the ability to repay its debt without going to the "Federal" Reserve -
and being charged interest to create new money, and so giving the U.S.
the ability to produce its own money backed by silver. Has anybody
checked on "our" silver and gold stocks lately? Is Fort Knox a
Potemkin village? Audits, anyone?

"The real truth of the matter is, as you and I know, that a
financial element in the large centers has owned the government of the
United States since the days of Andrew Jackson."
President Franklin Roosevelt

Clearly, we need a revolution in banking powers. The stock
of the central bank should be held by the fifty states.
Representatives to a central bank panel should come from all fifty
states -- not the twelve, super-imposed, Fed regions specifically
designed to bypass democracy by the J.P. Morgan forces who were behind
the theft of our central bank. At the very least a new setup should
represent both capital and labor, in equal proportions. (see my site at
www.thecenterforbalance.org)
We might also ask here what would Jesus do? As the story
goes he marched into the temple of the money changers and overturned
their "tables." The message was clear, the usurious bastards needed to
be routed from their seat of predatory power" but then he was hung from
a cross. Jesus, Lincoln, Kennedy" when does it end?
With only twelve disciples Jesus didn't have a chance but,
today, we have millions and soon billions of people angry about forced,
uncompensated, costly, trade policy and the money power thieves.
Today, the ruling elite's days may well be numbered due largely to the
power of the internet to muster alternative social forces and
re-educate a bewildered and mis-informed public -- assuming, of course,
legitimate, verifiable, paper-trail voting machines will work to stop
the historical "fail-safe" ballot-stealing mechanism used by plutocrats
and dictators to retain their power.
So where are the Christians in Washington D.C. today? The
hypocritical, corporate-money-sucking, thieves we call
"representatives" today are mostly clueless, if not complicit,
altogether silent, and lacking any balls on this issue. Aside from
Rep. Ron Paul, which "Christian" legislator is going to lead the charge
on the money-changer tables? Or, did we all suddenly become K-street
Phillistines and Goldman-Sachs wannabees?
In any event the central bank and globalization "whether you
like it or not" issues are really about a choice between top-down
fascism and economic democracy. We're either flattened by Fascism
(i.e., corporate-controlled government) or energized and re-empowered
by bottom-up effective democracy. However, we still have no National
Initiative process (like the Swiss) to overrule our representatives and
keep them from selling us out to corporate interests and so undermining
effective democracy.
In any case the ruling-class appointed economists who
populate our "independent" institutions are deathly afraid of this
subject and, being afraid for their jobs and status, will likely go to
any lengths to poo-poo the idea. They will lapse into talk about the
"rabble" despite the fact the founders had good reason for placing the
money power in the hands of the most populous legislative body -- having
experienced the predation of the "Bank of England" in their day and
time. To top off the ruling-elite stranglehold, the Nobel Prize in
economics is chosen by a panel of Swedish bankers, lest any scholar
interested in the welfare of the vast, wage-laboring, majority gain any
acclaim or influence on economic policy.
In short, the private central bank scheme is the very corner
stone of oligarchy. As the late, great, libertarian economist Murray
Rothbard noted in his last book, The Case Against The Fed, " if
government becomes 'independent of politics' it can only mean that that
sphere of government becomes an absolute self-perpetuating oligarchy."
Indeed, the "independent" scam is designed to ensure oligarchy and
remove democratic powers. This independence from the people and
democracy has given us the greatest inflation, interest-bearing debt,
and economic slavery in our history.
For those who seek to further educate themselves about the
"money question" you are invited to visit my website --
www.PublicCentralBank.com.
There you will find seminal books, great
links, and more information on the subject -- clearly, the most central
socio-economic issue of our time and of any modern society.
In sum, the real disaster is the debt-money creation power
remaining "independent" of the people, and "our" central bank reaping
profit from Nature's wrath and our woe.